## An article is marked 20% above cost price. The shopkeeper allows discount of 12% on it. Find his gain or loss percent.

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Answer:gain%

Step-by-step explanation:8th

Maths

Comparing Quantities

Prices Related to Buying and Selling

An article is marked 20\% …

MATHS

An article is marked 20% above cost price. The shopkeeper allows a discount of 12% on it. Find his gain or loss percent.

December 26, 2019

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Ribiyana Singh

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ANSWER

Suppose C.P=Rs.100

Marked price =Rs.100+Rs.20=Rs.120

Discount =Rs.

100

12

×120=Rs.14.40

∴S.P=Rs.120−Rs.14.40=105.60

∴Gain=Rs.105.60−rs.100=Rs.5.60

∴ Gain % =

100

5.60

×100=5.6%

hope it will help you